Topic: ETH Soon Back To Sub 1 Dollar - page 10. (Read 15898 times)

Quote from: jaysabi on June 01, 2016, 03:26:11 PM

I think we'll see one more last spike and a very heavy dump on that one. Bearmarket after that.

A bear market is impossible with ethereum. It's generating too much news. This dao drama is only likely to generate a lot of interest in eth

That's a pretty flimsy case for never having a bear market. Lots of things generate news. News is rather worthless, buyers are what matter. Bitcoin generates far more news, but that didn't keep it from crumbling to from $200 from $1200. Only the hype about the halving has managed to bring it back to 40% of it's high point.

Yah, I think only news is not enough to drive the price higher. We need good development of the platform and many usages.

the biggest driving force that can drive the price high is hype and i believe that ethereum has exhuasted that resource enough that there is nothing left in it to push theprice up. although you never know with eth since it is being controlled by the dev team that have the largest amount.

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I think we'll see one more last spike and a very heavy dump on that one. Bearmarket after that.

A bear market is impossible with ethereum. It's generating too much news. This dao drama is only likely to generate a lot of interest in eth

That's a pretty flimsy case for never having a bear market. Lots of things generate news. News is rather worthless, buyers are what matter. Bitcoin generates far more news, but that didn't keep it from crumbling to from $200 from $1200. Only the hype about the halving has managed to bring it back to 40% of it's high point.

Yah, I think only news is not enough to drive the price higher. We need good development of the platform and many usages.

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I think we'll see one more last spike and a very heavy dump on that one. Bearmarket after that.

A bear market is impossible with ethereum. It's generating too much news. This dao drama is only likely to generate a lot of interest in eth

That's a pretty flimsy case for never having a bear market. Lots of things generate news. News is rather worthless, buyers are what matter. Bitcoin generates far more news, but that didn't keep it from crumbling to from $200 from $1200. Only the hype about the halving has managed to bring it back to 40% of it's high point.

balu2

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I think we'll see one more last spike and a very heavy dump on that one. Bearmarket after that.

A bear market is impossible with ethereum. It's generating too much news. This dao drama is only likely to generate a lot of interest in eth

Hyperinflation will take over once everyone did buy their bag. At one point buyers run out, that's when the bloodbath happens and there will not be a recovery to old highs. Maybe you can keep the hype going for another month or two but at one point it's rolling over. Thinking 'it's going up forever' will produce a devastating loss to the person thinking that way.

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I think we'll see one more last spike and a very heavy dump on that one. Bearmarket after that.

A bear market is impossible with ethereum. It's generating too much news. This dao drama is only likely to generate a lot of interest in eth

RoseMann

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Quote from: RealityTruth on May 23, 2016, 06:00:11 PM

I think we'll see one more last spike and a very heavy dump on that one. Bearmarket after that.

I do not think so, We will see many many spikes in the future, there is good development of the Ethereum itself.

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I think we'll see one more last spike and a very heavy dump on that one. Bearmarket after that.

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Quote from: Traslavin on May 31, 2016, 05:01:03 AM

Still new to Eth system. What is DAO?

Here's a specific description of dao:

https://www.youtube.com/watch?v=4-Rnz7TDQ2I

There is 2:14 of my life I will never get back.

Dont waste your time with that video

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Quote from: Hausi on May 30, 2016, 05:46:54 AM

Quote from: sadasa on May 30, 2016, 05:44:23 AM

The mining cost is around $5 for many people. These are the supporters of bitcoin. The price will not drop below it.

agree,i think eth is strongly supportet and it will not make such a huge drop

If there is no big bad news relating to the Etheruem, I believe the Ethereum price will be above $10.

I remember that there was crowd fund raising of Augur, the prediction market. When will that go alive?

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Quote from: Hausi on May 30, 2016, 05:46:54 AM

Quote from: sadasa on May 30, 2016, 05:44:23 AM

The mining cost is around $5 for many people. These are the supporters of bitcoin. The price will not drop below it.

agree,i think eth is strongly supportet and it will not make such a huge drop

If there is no big bad news relating to the Etheruem, I believe the Ethereum price will be above $10.

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Quote from: sadasa on May 30, 2016, 05:44:23 AM

The mining cost is around $5 for many people. These are the supporters of bitcoin. The price will not drop below it.

agree,i think eth is strongly supportet and it will not make such a huge drop

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The mining cost is around $5 for many people. These are the supporters of bitcoin. The price will not drop below it.

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The Ethereum price is still over $11 at the moment. It has dropped from around $14. It will not go to $1.

jaysabi

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Quote from: RoseMann on May 25, 2016, 12:47:23 PM

Quote from: jaysabi on May 25, 2016, 12:20:43 PM

Quote from: Duomo on May 23, 2016, 12:01:11 PM

Quote from: jaysabi on May 25, 2016, 12:20:43 PM

Still new to Eth system. What is DAO?

DAO = Decentralized Autonomous Organization.

Basically, It is a company with no head structure. So, no CEO/Board of Directors. Currently, people are funding the DAO with Ether to receive DAO tokens. With these DAO tokens, you can vote on various proposals that people put forward. The largest proposal so far seems to be Slock.It. Specifically, Slock.IT wants a proportionally amount of the Ether to fund their Slocks (Smart-Locks). You can get more information at Daohub.org. It seems that DAOs are now the new trendy things.

I guess you could say Bitcoin -> Smart Contracts -> Decentralized Apps -> Decentralized Autonomous Organizations. DAOs seem to be the new trendy thing.

DAO tokens are basically in place of a board, so it doesn't actually appear to me to be any different. There are still people voting to control it, except the "board" will be controlled by the richest people instead of people who are elected and can be replaced if they do a bad job at managing.

But most people do not vote. The DAO will be controlled by the shareholder who vote and there is no director.

But that's kinda my point. That system is just pay-to-play. Only the richest people will have any say, and their say will be amplified 1) because they have the most money, and 2) because if not everyone is voting, there aren't enough other people weighing in to lessen the impact of the rich folks. The "directors" then are by default the people with the most money.

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Quote from: Duomo on May 23, 2016, 12:01:11 PM

Quote from: RealityTruth on May 23, 2016, 06:00:11 PM

Still new to Eth system. What is DAO?

DAO = Decentralized Autonomous Organization.

Basically, It is a company with no head structure. So, no CEO/Board of Directors. Currently, people are funding the DAO with Ether to receive DAO tokens. With these DAO tokens, you can vote on various proposals that people put forward. The largest proposal so far seems to be Slock.It. Specifically, Slock.IT wants a proportionally amount of the Ether to fund their Slocks (Smart-Locks). You can get more information at Daohub.org. It seems that DAOs are now the new trendy things.

I guess you could say Bitcoin -> Smart Contracts -> Decentralized Apps -> Decentralized Autonomous Organizations. DAOs seem to be the new trendy thing.

DAO tokens are basically in place of a board, so it doesn't actually appear to me to be any different. There are still people voting to control it, except the "board" will be controlled by the richest people instead of people who are elected and can be replaced if they do a bad job at managing.

But most people do not vote. The DAO will be controlled by the shareholder who vote and there is no director.

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Quote from: Duomo on May 23, 2016, 12:01:11 PM

Still new to Eth system. What is DAO?

Here's a specific description of dao:

https://www.youtube.com/watch?v=4-Rnz7TDQ2I

Good god, that didn't explain anything. Just some guy saying "real world" a bunch of times and not saying anything useful or providing any examples.

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